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Eightfold.ai Acquires $28 Million in Series C

Credit: eightfold.ai

Eightfold.ai, the creator of the first Talent Intelligence Platform, added IVP to its growing list of investors to its $28 million Series C financing round, joining Foundation Capital and Lightspeed Ventures (who led previous funding rounds). This brings Eightfold.ai’s total funding to $55 million, making it a well-capitalized AI solutions for talent management.

Built by distinguished Google and Facebook engineers and co-founders Ashutosh Garg and Varun Kacholia, Eightfold.ai’s Talent Intelligence Platform is designed to empower chief executives and chief human resource officers in hiring and retaining top talent. The patented artificial intelligence-based platform has secured new customers in four continents since emerging from stealth mode one year ago.